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by sanxiyn 3127 days ago
Tether announced a hack in which they lost 30 million USDT, not USD. As they don't plan to redeem those USDT to USD, in no sense Tether lost 30 million USD. As far as I can tell, Tether lost nothing.
1 comments

Do you still think the Tether is still held by the thieves? They traded it for other cryptocurrencies, out of Bitfinex, the second they stole it.

That is, of course, if it actually was a theft, and it was actually for $30 million. It's a single source currency, no one but the people running Tether knows what's actually behind it.